Resp from heritage

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RESP From Heritage


 Saving for child's post secondary education is the parents’ first

priority. Today the post secondary education costs a small fortune if not less. It becomes essential for the parents to start saving early so that they can meet all the expenditure of their child's post secondary education.


ď‚— The Registered Education Saving Plans are the best way to

invest and save for the child's future. Parents can invest as much as they want for 31 years up to $50,000. All the income generated on the investments is tax sheltered as long as they are in the plan. The beneficiary can withdraw amount from the plan as much as required to pay for the fees, books and other college related expenses. The money is taxable as income in the hands of the beneficiary which will be very little or zero.


 The Heritage Education Funds offer RESP plans that are very

flexible. With over 50 years of experience they know how to invest the subscribers’ money to get the best returns in the market. It is very easy to open a Heritage RESP. The beneficiary has to be a Canadian citizen or a resident and have a Social Insurance Number (SIN) to open a RESP. Heritage has flexible plans for everyone’s requirements.


Thank you


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